# Companies Clauses Act 1863, Section 10: No money to be paid for cancellation or surrender.


The company shall not pay or refund to any shareholder any sum of money for or in respect of the cancellation or surrender of any share.

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Source: https://www.legislation.gov.uk/ukpga/Vict/26-27/118/section/10 (the official version)
Page: https://openlegislation.uk/companies-clauses-act-1863/section-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.